Danziger v. San Jacinto Savings Ass'n

OPINION

JACK SMITH, Justice.

This is a usury suit filed by the appellants claiming violations of the Texas Consumer Credit Code and the Federal Truth-In-Lending Act. The trial court held that the appellee had not contracted for, charged, or received usurious interest and had not violated the Federal Truth-In-Lending Act. A take-nothing judgment was entered.

The appellants made arrangements with the appellee to enter into a contract for a home improvement loan. On August 5, *31980, the promissory note and other papers attendant to the loan were executed. All of the instruments were dated August 5…